U.S. small businesses with one to 99 employees, spent approximately $410 million on purchasing accounting software solutions in the last year, according to consulting firm Access Markets International Partners Inc.
AMI-Partners conducts an annual tracking survey of small and midsized businesses in more than 20 countries, and said that it expects the total spending to reach more than $500 million by 2008, and that the average annual increase for the industry is nearly 6 percent. The company said that the majority of small business cited the most important traits of accounting software as: easy installation, a user-friendly interface, and that the program be tailored specifically to their size.
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